$BTC

On May 12, 2025, the price of Bitcoin settled around $104,500, after touching $106,000 earlier in the day. This increase came as a result of the trade agreement between the United States and China, which temporarily reduced tariffs, encouraging investors to move towards digital assets. 

In another context, the company “American Bitcoin,” backed by Eric Trump, announced plans to merge with “Gryphon Digital Mining” through a stock exchange deal, further enhancing the family's presence in the digital currency space. 

On another note, the company “Strategy” purchased an additional 13,390 Bitcoins, increasing its holdings to 568,840 Bitcoins, with a total value of $1.34 billion. 

Despite these positive developments, analysts indicate that reaching new record levels may be difficult in the near term, due to profit-taking and concerns about potential political changes. 

Overall, Bitcoin continues to attract investor interest, with expectations of future highs that could reach $150,000, driven by technical analysis and renewed optimism in the market.